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Steve Bosserman

Trump's pledges to reverse climate-change policies worry some | The Columbus Dispatch - 0 views

  • Recent progress on climate change has been vital, environmentalists say. Although some say that the work is fragile at best and could be undone by the Trump administration, others remain certain that the grass-roots nature of environmental work will protect it from any sweeping federal changes. “Real change — the change that makes a difference — has been made at regional or local levels,” said Lonnie Thompson, distinguished university professor in Ohio State University’s School of Earth Sciences and a senior research scientist at the Byrd Polar and Climate Research Center. “It’s coming from the bottom up, (and) these changes will come no matter who’s in charge, what we believe or what we hope for.”
Bill Fulkerson

A Nonsensical Jumble of Misused Words Requires Discussion | RealClearMarkets - 0 views

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    In the few studies and examinations which exist, in using Treasury securities it's been figured these collateral re-pledging and rehypothecation chains average multiples of six to eight; meaning, that a single UST security might be reused for book and customer business six to eight times. Between 85% and 90% of all Treasuries taken on dealer books are re-used in some fashion. No wonder these banks might become skittish, and why Treasury (and similar collateral) prices remain the way they are. The value in UST's isn't as an investment; it's the liquidity premium demanded by a fragile global monetary system. These are balance sheet tools whose worth is derived from what central bankers and bank regulators (same thing) are in no rush to comprehend.
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